Grand City Properties (GYC) Given a €26.50 Price Target by Berenberg Bank Analysts

Berenberg Bank set a €26.50 ($30.81) price objective on Grand City Properties (FRA:GYC) in a research report report published on Tuesday morning. The brokerage currently has a buy rating on the stock.

Several other brokerages have also recently issued reports on GYC. Nord/LB set a €22.74 ($26.44) target price on Grand City Properties and gave the company a neutral rating in a research report on Monday, September 3rd. JPMorgan Chase & Co. set a €22.00 ($25.58) target price on Grand City Properties and gave the company a neutral rating in a research report on Friday, August 17th. Goldman Sachs Group set a €21.00 ($24.42) target price on Grand City Properties and gave the company a neutral rating in a research report on Friday, August 17th. Jefferies Financial Group set a €20.00 ($23.26) target price on Grand City Properties and gave the company a neutral rating in a research report on Friday, August 17th. Finally, Oddo Bhf set a €21.00 ($24.42) target price on Grand City Properties and gave the company a neutral rating in a research report on Monday, August 20th. Seven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Grand City Properties presently has an average rating of Buy and an average price target of €24.84 ($28.88).

Shares of FRA GYC opened at €20.20 ($23.49) on Tuesday. Grand City Properties has a 12-month low of €16.61 ($19.31) and a 12-month high of €20.14 ($23.42).

About Grand City Properties

Grand City Properties SA invests in and manages real estate properties in Germany. The company engages in buying, re-developing, optimizing, and repositioning real estate properties in Berlin, North Rhine Westphalia, Dresden, Leipzig, Halle, Nuremberg, Munich, Mannheim, Frankfurt, Bremen, and Hamburg.

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Analyst Recommendations for Grand City Properties (FRA:GYC)

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